Global asset allocation or Global assets under management consists of pension funds, insurance companies and mutual funds. A pension fund is a pool of assets forming an independent legal entity that are bought with the contributions to a Pension plan for the exclusive purpose of financing pension Insurance, in Law and Economics, is a form of Risk management primarily used to hedge against the Risk of a contingent loss A mutual fund is a professionally managed type of collective investments that pools money from many investors and Invests it in Stocks bonds, Other funds under management include private wealth and alternative assets such as hedge funds and private equity. Institutional clients generate the majority of funds.

Assets of the global fund management industry increased 15% in 2006 and nearly doubled from 2002, to reach a record $61. In Business and Accounting, assets are everything owned by a person or company (all tangible and intangible property that can be converted into cash. 9 trillion [1]. Growth in recent years has largely been due to rising net flow of investment and strong performance of equity markets. Investment or investing is a term with several closely-related meanings in Business management, Finance and Economics, related to saving Part of the reason for the increase, in dollar terms, has also been the decline in the value of the dollar against a number of currencies. The dollar (often represented by the Dollar sign: "$" is the name of the official Currency in several countries dependencies and other

Global assets under management.

Rank Fund type billions USD Figures as of — Private wealth $ 37,200 1 [1] [2] 2006 1 Pension funds $ 25,967 [3] [4] 2006 2 Mutual funds $ 21,765 [5] 2006 3 Insurance companies $ 17,392 [6] 2006 4 Real estate $ 10,000 [7] [8] 2006 5 Foreign exchange reserves $ 7,341 [9] February 2008 6 Sovereign wealth funds $ 3,300 [10] 2007 7 Hedge funds $ 1,535 [11][12] 2006 8 Private equity funds $ 1,160 [13] 2007 9 REITs $ 764 [14] 2007

• Note 1: Around one third of private wealth is incorporated in conventional investment management (Pension funds, Mutual funds and Insurance assets). A high-net-worth individual (HNWI is a person with a high Net worth. A pension fund is a pool of assets forming an independent legal entity that are bought with the contributions to a Pension plan for the exclusive purpose of financing pension A mutual fund is a professionally managed type of collective investments that pools money from many investors and Invests it in Stocks bonds, Insurance, in Law and Economics, is a form of Risk management primarily used to hedge against the Risk of a contingent loss Real estate is a legal term (in some jurisdictions notably in the USA, United Kingdom Foreign exchange reserves (also called Forex reserves) in a strict sense are only the foreign Currency deposits held by Central banks and monetary A sovereign wealth fund ( SWF) is a state-owned Investment fund composed of financial Assets such as Stocks, Bonds, A hedge fund is a private Investment fund open to a limited range of investors which is permitted by regulators to undertake a wider range of activities than other investment In Finance, private equity is an Asset class consisting of equity Securities in operating companies that are not Publicly traded on A Real Estate Investment Trust or REIT (ˈriːt is a Tax designation for a corporation investing in Real estate that reduces or eliminates Corporate

References

Source

• IMF - Global asset allocation
• International Financial Services - Fund management
• Morgan Stanely - World's $165 trillion worth of traded securities
• http://www.sovereigninvest.org The Sovereign Investment Council, a trade group for sovereign investors and financial firms that serve sovereign investment funds.

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